Report shows $100K salary in big cities gives shocking low take-home pay
Laffer Tengler Investments CEO Nancy Tengler and maslansky+partners' Lee Carter attribute residents fleeing big cities to 'really bad policy.'
March Madness will cost employers $17B this year as workers slack off
The cost of lost worker productivity for employers due to March Madness will reach an eye-popping amount this year, Challenger, Gray & Christmas estimated.
Regulators likely played 'behind the scenes' role in First Republic's big bank bailout
The Wall Street Journal chief economics correspondent Nick Timiraos discusses the macro impact from America's biggest banks bailing out First Republic Bank.
Theater advertiser National CineMedia plans to cede control to lenders
National CineMedia, the largest movie-theater advertising business in North America is poised to file a prepackaged Chapter 11 bankruptcy after missing a debt payment.
Dollar General invests $100M in staffing, store enhancement
Discount retailer Dollar General is investing further into its staffing. However, its focus will be on 'investing in hours' according to CEO Jeff Owen,
Barstool’s Dave Portnoy sounds off on Silicon Valley Bank rescue: ‘That’s not right’
Barstool Sports founder Dave Portnoy criticizes federal regulators for bailing out "bad businesses," claiming that nobody rescues him when he runs out of money.
Dave Portnoy: 'It really does bother me' to see 'bad businesses' get rescued
Barstool Sports founder Dave Portnoy says banks shouldn't be rescued for doing 'bad business,' and discusses sports industry hot topics.
Certain sectors in commercial real estate are 'vulnerable': Steve Witkoff
Witkoff Group Chairman and CEO Steve Witkoff explains how Signature Bank and Silicon Valley Bank’s collapse will impact commercial real estate on ‘Mornings with Maria.’
Michigan Senate votes to repeal right-to-work law
Michigan's Senate approved legislation on Tuesday to repeal the state's right-to-work law. The senators approved the repeal on a 20-17 vote and sent it back to the House.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
SVB venture capitalists ‘shamelessly fearmongered’ to get a bailout: Vivek Ramaswamy
Republican presidential candidate Vivek Ramaswamy joined ‘The Bottom Line’ to analyze the downfall of Silicon Valley Bank and its impact on the economy.
'Shark Tank' star Kevin O'Leary bashes SVB bailout, moves assets out of banks
Celebrity investor Kevin O'Leary claims federal regulators should have let Silicon Valley Bank fail rather than "panic" and change policy for the entire banking system.
Apple will reportedly postpone some bonuses until later in the year
Certain corporate Apple employees will have their upcoming bonuses postponed until later in the year, Bloomberg reported on Tuesday. The tech giant is reportedly curbing some hiring as well.
Biden formally submits Julie Su's nomination for labor secretary to the Senate
President Biden formally sent Julie Su's nomination to be the next secretary of labor to the senate on Tuesday, the White House announced.
Liz Peek: ‘Where were the regulators?’
Fox News contributor Liz Peek unpacks how economic policies under President Biden triggered the Silicon Valley Bank collapse on ‘Kudlow.’
Andy Puzder: The US government should ‘sell the bank as soon as they can’
Former CKE Restaurants CEO Andy Puzder blames Silicon Valley Bank’s collapse on Biden’s economic policy on ‘Kudlow.’
Editor's Note
Editor's Note:
KPMG's Diane Swonk: If Fed pauses, it will be a hawkish pause
KPMG chief economist Diane Swonk and Morgan Stanley SVP Jim Lacamp discuss whether the Silicon Valley Bank collapse changes the calculus of the Fed's interest rate path on 'The Claman Countdown.'
AMC secures shareholder approval to sell more stock
AMC Entertainment shareholders approved a 10-for-1 reverse stock split and a plan to convert APE units into common shares.
Silicon Valley Bank has become the 'poster boy for idiot management': Kevin O'Leary
O'Leary Ventures Chairman Kevin O'Leary raises moral hazards and 'unintended consequences' from regulators' bailout of Silicon Valley Bank.